Niche Fused Alumina joins the Alteo Group and becomes Alteo Fused Alumina !

As you know, our Group submitted a takeover bid for Niche Fused Alumina, with the aim of maintaining the business on a long-term basis and safeguarding as many jobs as possible.
The Commercial Court of Chambéry has released its decision Friday, accepting our offer.

Thanks to our solid expertise in the transformation of specialty alumina, and with the support of the UMSI Group, Alteo will focus on several strategic axes to ensure the sustainability and development of Alteo Fused Alumina.

The integration of this new entity marks a new stage in Alteo’s growth. This expansion is part of our sustainable and responsible industrial approach, driven by innovation and our ongoing commitment to social and environmental responsibility.

We are convinced that this acquisition will strengthen our position as a world leader and open up new perspectives for the entire Group. »

We would like to thank all those who have contributed to the success of this acquisition, and we would like to welcome the employees of Alteo Fused Alumina to our group !

A few words from our president, Mr Alain Moscatello :
https://lnkd.in/ddTM8PTV

We invite you to consult our press release :
👉 https://lnkd.in/dJWb6MBh